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Formpipe Software: Interim Report, January - March 2023

08:45 / 26 April 2023 Formpipe Press release

January 1 - March 31, 2023

2023 2022 Δ
Net sales of SEK 128 m (120 m) 6%
Recurring revenues of SEK 88m (77 m) 15%
which corresponds to % of net sales 69 % (64 %)
EBITDA SEK 23 m (17 m) 37%
EBITDA margin 18 % (14 %)
EBIT 7 m (4 m) 100%
EBIT margin 6 % (3 %)
Net profit SEK 5 m (1 m) 331%
Net profit margin 4 % (1 %)
EPS before dilution SEK 0,09 (0.02) 328%
Cash flow from operating activities SEK 15 m (13 m) 15%
ACV SEK 11 m (9 m) 22%
ARR SEK 383 m (315 m) 22%

This is a translation of the original Swedish version. In the event of any discrepancies between the two versions, the original Swedish version shall take precedence.

This information is insider information that Formpipe Software AB (publ) is obliged make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication through the agency of the contact person set out above, at 08.45, 26 April 2023.

Formpipe builds valuable relationships between data and people. Driven by our core values, since 2004 we have developed premium software that provides you with the right information, in the right context, at the right time. We help over 5,500 clients worldwide to digitize and automate business processes. Together with our customers and partners, we co-create a digital society where people thrive. We have offices in Sweden, Denmark, United Kingdom, USA and Germany. Formpipe Software is a publicly listed company on Nasdaq Stockholm.

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